Freelancer Deduction Calculator 2026

See how business deductions reduce your self-employment tax and federal income tax. Enter home office, mileage, equipment, health insurance, and retirement contributions to see your before-and-after tax comparison.

Before business expenses and taxes

Business Deductions

$0.67/mi (2026 IRS rate)

Above-the-Line Deductions

Self-employed: 100% deductible

Total Tax Savings

$0

$0 in deductions

Without Deductions

SE Tax$11,304
Federal Tax$7,527
State Tax$4,243
Total Tax$23,074
Net Income$56,926
Effective Rate28.8%

With Deductions

SE Tax$11,304
Federal Tax$7,527
State Tax$4,243
Total Tax$23,074
Net Income$56,926
Effective Rate28.8%

Deduction Breakdown

Total Deductions$0

For informational purposes only. Deduction eligibility depends on your specific situation. Consult a tax professional.

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